Crypto Exchange OPNX Bids to Take Over Hodlnaut in Singapore: Capital Injection of $30 Million Expected
OPNX, a digital asset exchange created by the founders of failed hedge fund Three Arrows Capital, has proposed a takeover of the struggling crypto lender Hodlnaut. OPNX has offered to inject $30 million worth of FLEX dig...
OPNX has offered to inject $30 million worth of FLEX digital tokens into Hodlnaut to fund a partial creditor payout, Bloomberg reported, citing a source familiar with the matter and a term sheet....
Read More: Crypto Exchange OPNX Bids to Take Over Hodlnaut in Singapore: Capital Injection of $30 Million Expected
Original source
Read on CryptonewsRelated market context
Blackrock’s IBIT Leads $86 Million Bitcoin ETF Inflow as Ethereum Funds Extend Outflow Streak
Spot bitcoin exchange-traded funds (ETFs) drew $85.85 million in net inflows on Friday, with every one of the 12 tracked funds avo...
Spot bitcoin ETFs snap five-day outflow streak with $85.8 million Friday inflow as ether funds keep sliding
BlackRock's IBIT led Friday's inflows at $57.7 million, with Fidelity's FBTC adding $18.0 million, while no fund reported a net ou...
Banks are buying Bitcoin vaults, but a quantum problem may be waiting inside
The banks are finally buying the vaults. In May, BNY, the world's largest custodian with $59.4 trillion in assets under custody an...
Coinbase Quantum Report Warns Millions Of Bitcoin Could Face Future Security Risks
TL;DR Coinbase’s Quantum Advisory Council published a report on post-quantum migration and abandoned coins. The report estimates t...
SpaceX’s IPO exposes the first crack in tokenized stocks – fragmented ownership and allocation
SpaceX priced its IPO at $135 per share on June 11, raised $75 billion in the largest public offering in history, and opened on Na...
Coinbase quantum report flags exchange cold wallets among millions of bitcoin exposed by address reuse
The report lays out possible solutions to the abandoned coins problem, such as setting a deadline for migration and then freezing...